America Is #1…In Corporate Taxes

America is used to leading the world but not like this: As of April 1, the U.S. has the dubious distinction of being the developed economy with the highest corporate tax rates. On Sunday, corporate taxes in Japan dropped to 38%, making America's 39.2% ra Full Story »

Posted by Dwight Rousu

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Dwight Rousu
1.5
by Dwight Rousu - Apr. 2, 2012

This is a rant about theoretical tax rates that are never paid because of loopholes, incentives, and subsidies. Our largest corporations often pay no taxes or negative taxes. You don't get that until after all the lead shock lines and lies.

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